Old Peak Finance LLC Makes New $628,000 Investment in iShares Core S&P 500 ETF $IVV

Old Peak Finance LLC acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, HoldingsChannel reports. The firm acquired 917 shares of the company’s stock, valued at approximately $628,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Decker Retirement Planning Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $29,000. GS Investments Inc. raised its stake in iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after acquiring an additional 20 shares during the last quarter. Palouse Capital Management Inc. acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter worth approximately $38,000. Imprint Wealth LLC acquired a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $39,000. Finally, Dorato Capital Management purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $55,000. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Up 0.3%

NYSEARCA:IVV opened at $762.02 on Tuesday. The firm has a market cap of $841.46 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock’s 50 day simple moving average is $708.13 and its 200-day simple moving average is $693.53. iShares Core S&P 500 ETF has a 12-month low of $587.88 and a 12-month high of $763.93.

iShares Core S&P 500 ETF Company Profile

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.